$25 Million Series D Round Examined

Author: John Honovich, Published on Mar 01, 2010

In March 2010, Pivot3 announced a $25 Million Series D Round (confirmed by Pivot3's press release and in its SEC filing). This follows a $25 million round in 2008 and brings their total amount raised to $75 Million. In an email, Pivot3 emphasized two important uses of the new funding:

Given the relative small market of video surveillance (relative to IT generally), we think these steps will be necessary to justify the large investment. While $75M or greater investment in the storage market may be commonplace, in video surveillance this is at the very high end (see our investments directory).

  • "********* *** ***** *****, ************ *************** ***** *** ** *** sales ** **** **** **** ** *** ** *** *** US ** **** **** **** ** *** [******] ******"
  • "*** ****** ** ********** ** ************* *** *** ******** ******* of ************."

** ******* ******'* **** *********** ** *** ****** ***** ************ deployments (**** ******** ** *******) ***** **** ******* *** ********* technological *************** (************ ************** ********). *** ********* ******* ****** *** ***** *** **** ********* as **** ******* ***** *** ****** **** *****-** ******** **** one ****** ** ******* (******** *** *** ** ** ***** 2 **********).

*** *** ******** **: *** *** ** *** ******* ****** can ****** *******? *** ******* ****** ** **** ** ********** offerings. ***** ***** ************ ** ****** **** **** ******* ******** to ****/****, **** ******* *****: (*) ******* **-***** ******* (***** stage), (*) *** ******* (***** *********** *** ********* ******* *** smaller ***********), (*) '*******' **** **** (***** **** ****** *** equal ** ***** ** ******'* ********* *** **** - **** applications *** (*) ********** ***** ***** ******* **** ************ *********** ** **** *******).

** *** ******* ************, ****** ********* **** ** *** *** total *********, ******* ********** **** ***** **** ******* *** ** individually *****, ***** *********** ****** ** ****** ** ** ******.

** ******* ******'* ********* **** ** ** *** *** - 1000+ ****** *********** (********** ***** ****** ****************** *** ******* ***** ******** ** ** **** ** ** NVR ********* ************ * **** *** ********). *** ***** **** ***** *** cameras, *********** *** *** *** ********* ****** **** ********** (**** Pivot3's ********** ******* ** *** ********** ***** *** *** ******** Pivot3 **********).

*** *** - ****+ ****** ********** *** **** ** * niche *** ***** ************. **** ***** **** *** ******* ****** of ******* *** ********** ** ** - ** (*** ***** ********** ****** ** ****). ** *** ***** ********, *****'* **** ** **** ************ cameras *** *****. **** **** ********** ****** **** *** ***********, aggregating ******* ****** ********** ** ********. **** ******* ** **** a *** ******* ** *********** **** **** **** *** ******* per ****. ***********, *** ****** ***** ** ****************** ****** *** it's ***** ****** **** * ******** ** *** ******* ******.

** *** ***** ****, ** ****, ****** ********** *** ******* families ** ****** ***** ****** ********* ** ******* *********** - the**********************. **** ******* ** ** **** ** *** *********** *** what ***** **** ****** ****** *** ********* ** **** ********* on *** ******.

** ******** ****, ****** ********* ******** ******* *** ****** **** ** ******** ******, ************** *** ********** ** *** ********* (****: *** verticals **** **** ****** ******, **** *: ****** ******* ******* were *** *********).

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Remote Video Monitoring Providers Directory on May 21, 2017
Remote video monitoring can help integrators generate RMR plus end users lower their security costs and/or improve response to critical...
Axis Criticizes OEMs: "When You Buy An Axis Camera, An Axis Camera Is What You Get!" on May 19, 2017
When you buy a Honeywell camera, you likely get a Hikvision, Dahua or some other company's product. The same goes for easily 100 different...
ShotSpotter To IPO, Facing Low Revenue and Losses on May 17, 2017
A rare event for North American security manufacturers is upcoming. ShotSpotter is planning to IPO on the NASDAQ, aiming to raise $34.5...
Blink XT Outdoor Totally Wireless Camera Tested on May 11, 2017
Running wires for cameras outdoors is one of the biggest challenges, especially for consumer or DIY installs. Now, Blink has released an outdoor...
On-Board Storage Usage Statistics 2017 on May 03, 2017
SD card slots are now commonplace on IP cameras, but is on-board storage usage now common place? In 2014, integrators reported using edge...
Instant Cloud For Hikvision - Manything on Apr 28, 2017
One ISC West exhibitor had a very specific and clear pitch - cloud for Hikvision: In this note, we examine their offering, key differentiators,...
Avigilon Discontinuing Rialto Analytics Line on Apr 27, 2017
Avigilon is informing dealers/partners that the legacy VideoIQ Rialto products have been discontinued, recommending the newer ACC ES Analytics...
Dell EMC Surveillance Division Profile on Apr 20, 2017
With revenue growth from traditional IT customers slowing, Dell has set a focus on the security industry as a market where the company can offer...
Hikvision OEM Directory on Apr 17, 2017
Hikvision OEMs for dozens of companies around the world. The following directory includes 50+ companies that OEM some products from Hikvision, with...
Dahua OEM Directory on Apr 11, 2017
Dahua OEMs for dozens of companies, including some of the biggest names in security, including Tyco, Panasonic, and Honeywell. The following...

Most Recent Industry Reports

Milestone Entry Level Mobile Password Vulnerability Disclosed on May 24, 2017
While many manufacturers have only addressed cybersecurity vulnerabilities after public disclosures were made (or threatened), Milestone has...
How Integrators Use IPVM on May 24, 2017
150 integrators explained how they use IPVM and how it helps them stay informed and improve their business.  The 4 main uses integrators cited for...
Alarm Supervision Guide on May 24, 2017
Burglar alarms can constantly monitor the health of attached circuits, sensors, and devices to ensure that they remain operational. This is known...
Arlo Go Cellular Cloud Camera Tested on May 23, 2017
Totally wireless surveillance cameras are growing but almost all typically depend on a hub and local Internet access. However, many outdoor...
Avigilon New COO James Henderson Profile on May 23, 2017
It has been nearly 2 years since the infamous Bryan Schmode 'resigned' as Avigilon COO. Now, Avigilon once again has a COO, promoting James...
Hikvision Marketer Caught Spamming, Fails at Coverup, Fired on May 23, 2017
A Hikvision marketing employee was caught by IPCamTalk trying to surreptitiously disparage IPVM and IPCamTalk. This is an outgrowth of Hikvision's...
Aura's 'Invisible Ripple' Next Gen Intrusion Detection Tested on May 23, 2017
Aura Home is a startup intrusion detection system, but it claims new, high-tech sensing that monitors the 'invisible ripples' movement creates,...
Pelco Shutting Down Clovis Line, Laying Off 200 on May 22, 2017
Pelco's Clovis facility once turned out some of the industry's most popular products. Now, the facility is mostly building "obsolete" equipment,...
IP Camera - 15 Year Shootout on May 22, 2017
How far have IP cameras come? We bought and tested 4 cameras across the past 15 years to understand how much and where performance has...
Remote Video Monitoring Providers Directory on May 21, 2017
Remote video monitoring can help integrators generate RMR plus end users lower their security costs and/or improve response to critical...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact